HighGravityDataNewmont — Feb 20, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-25-000008
Showing in the filing
Sustaining Capital ($M) - Non-Managed Tier 1 Portfolio
“270”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 87
Total proceeds from non-core asset and other…
“up to $4.3 billion”
Cash expected to be delivered from non-core … for FY2025
“up to $2.5 billion”
Share repurchase program for FY2026
“$3.0 billion total share repurchase programs”
Attributable production for 2025 for FY2025
“approximately 5.9 million gold ounces”
Gold ounces from non-core assets held for sale for Q1 FY2025
“0.3 million gold ounces”
Gold ounces for the Total Tier 1 Portfolio for FY2025
“5.6 million gold ounces”
Gold AISC (Total Portfolio) for FY2025
“$1,630 per ounce”
Gold AISC for the Total Portfolio
“$1,630 per ounce”
Sustaining capital spend for the Total Tier … for FY2025
“approximately $1.8 billion”
Development capital spend for the Total Tier… for FY2025
“approximately $1.3 billion”
Dividend for Q4 FY2024
“$0.25 per share of common stock”
Consolidated adjusted effective tax rate rel… for FY2025
“34%”
Attributable Gold Production (Moz) - Non-Man… for FY2025
“1.4”
Attributable Gold Production (Moz) - Total T… for FY2025
“5.6”
Attributable Gold Production (Moz) - Non-Cor… for FY2025
“0.3”
Total Newmont Attributable Gold Production (… for FY2025
“5.9”
Gold CAS ($/oz) ** - Managed Tier 1 Portfolio for FY2025
“1,170”
Gold CAS ($/oz) ** - Non-Managed Tier 1 Port… for FY2025
“1,240”
Gold CAS ($/oz) ** - Total Tier 1 Portfolio for FY2025
“1,180”
Gold CAS ($/oz) ** - Non-Core Assets * for FY2025
“1,450”
Total Newmont Gold CAS ($/oz) ** for FY2025
“1,200”
Gold AISC ($/oz) ** - Managed Tier 1 Portfolio for FY2025
“1,630”
Gold AISC ($/oz) ** - Non-Managed Tier 1 Por… for FY2025
“1,555”
Gold AISC ($/oz) ** - Non-Core Assets * for FY2025
“1,830”
Total Newmont Gold AISC ($/oz) ** for FY2025
“1,630”
Gold CAS for Total Tier 1 Portfolio
“$1,180 per ounce”
Gold AISC from the Total Tier 1 Portfolio for FY2025
“$1,620 per ounce”
Gold AISC ($/oz) ** - Total Tier 1 Portfolio for FY2025
“1,620”
Cost escalation impact on unit costs for FY2025
“approximately 3 percent”
Sustaining Capital ($M) - Managed Tier 1 Por… for FY2025
“1,530”
Sustaining Capital ($M) - Non-Managed Tier 1… for FY2025
“270”
Sustaining Capital ($M) - Total Tier 1 Portf… for FY2025
“1,800”
Sustaining Capital ($M) - Non-Core Assets* for FY2025
“75”
Total Newmont Sustaining Capital ($M) for FY2025
“1,875”
Development Capital ($M) - Managed Tier 1 Po… for FY2025
“1,140”
Development Capital ($M) - Non-Managed Tier … for FY2025
“160”
Development Capital ($M) - Total Tier 1 Port… for FY2025
“1,300”
Development Capital ($M) - Non-Core Assets* for FY2025
“30”
Total Newmont Development Capital ($M) for FY2025
“1,330”
Attributable Production seasonality for FY2025
“48%”
Sustaining Capital seasonality for FY2025
“52%”
Development Capital seasonality for FY2025
“57%”
Attributable gold production for the Total T… for H1 FY2025
“approximately 48 percent”
Total Tier 1 Portfolio production in first q… for Q1 FY2025
“23 percent”
Copper Production (ktonne) for FY2025
“118”
Copper CAS ($/tonne) ** for FY2025
“$5,160”
Copper AISC ($/tonne) ** for FY2025
“$8,510”
Silver Production (Moz) for FY2025
“28”
Silver CAS ($/oz) ** for FY2025
“$11.50”
Silver AISC ($/oz) ** for FY2025
“$15.00”
Lead Production (ktonne) for FY2025
“90”
Lead CAS ($/tonne) ** for FY2025
“$1,080”
Lead AISC ($/tonne) ** for FY2025
“$1,290”
Zinc Production (ktonne) for FY2025
“236”
Zinc CAS ($/tonne) ** for FY2025
“$1,430”
Zinc AISC ($/tonne) ** for FY2025
“$1,890”
Investment in exploration and advanced proje… for FY2025
“approximately $525 million”
Exploration expense for FY2025
“$275 million”
Advanced project spending for FY2025
“approximately $250 million”
General & Administrative ($M) for FY2025
“$475”
Interest Expense ($M) for FY2025
“$300”
Depreciation & Amortization ($M) a for FY2025
“$2,600”
Reclamation and Remediation Accretion ($M) b for FY2025
“$475”
Attributable Gold Production (Moz) - Managed… for FY2025
“4.2”
General and administrative costs for FY2025
“$475 million”
Interest expense
“approximately $300 million”
Reclamation and remediation expense
“$475 million”
Proceeds from the sale of the Akyem operation for FY2025
“Up to $1.0 billion”
Proceeds from the sale of the Musselwhite op… for Q1 FY2025
“Up to $850 million”
Proceeds from the sale of the Éléonore opera… for Q1 FY2025
“$795 million”
Proceeds from the sale of the CC&V operation for Q1 FY2025
“Up to $275 million”
Proceeds from the sale of the Porcupine oper… for FY2025
“Up to $425 million”
Tanami Expansion 2 average annual gold produ… for FY2028–2032
“approximately 150,000 to 200,000 ounces per year”
Tanami Expansion 2 total capital costs
“between $1.7 and $1.8 billion”
Ahafo North production for FY2026
“between 275,000 and 325,000 ounces per year”
Ahafo North All-In Sustaining Costs for FY2026
“$800 to $900 per ounce”
Ahafo North total capital costs
“between $950 and $1,050 million”
PC2-3 production over cave life for FY2024
“1.0 million ounces of gold and more than 400 thousand tonnes of copper”
PC2-3 peak production for FY2027
“between 100 and 150 thousand ounces of gold per year, and between 40 and 60 thousand tonnes of copper per year”
PC2-3 total capital costs
“between $1.0 and $1.2 billion”
PC2-3 development capital spend by Newmont
“between $150 to $250 million”
Panel Cave 1-2 (PC1-2) gold production for FY2027
“4.0 million ounces of gold”
PC1-2 production over cave life for FY2027
“4.0 million ounces of gold and more than 700 thousand tonnes of copper”
Panel Cave 1-2 (PC1-2) copper production for FY2027
“more than 700 thousand tonnes of copper”
Panel Cave 1-2 (PC1-2) peak gold production … for FY2030
“between 275 and 325 thousand ounces of gold per year”
PC1-2 peak production for FY2030
“between 275 and 325 thousand ounces of gold per year, and between 35 and 55 thousand tonnes of copper per year”
Panel Cave 1-2 (PC1-2) peak copper productio… for FY2030
“between 35 and 55 thousand tonnes of copper per year”
Exhibit 99.1 · the passage around this item
… earlier in the release
NEWMONT FOURTH QUARTER AND FULL YEAR 2024 RESULTS & 2025 GUIDANCE | NEWS RELEASE 4 CAPITAL GUIDANCE Guidance Metric (+/-5%) 2025E Sustaining Capital ($M) Managed Tier 1 Portfolio 1,530 Non-Managed Tier 1 Portfolio 270 Total Tier 1 Portfolio 1,800 Non-Core Assets* 75 Total Newmont Sustaining Capital * 1,875 Development Capital ($M) Managed Tier 1 Portfolio 1,140 Non-Managed Tier 1 Portfolio 160 Total Tier 1 Portfolio 1,300 Non-Core Assets* 30 Total Newmont Development Capital ** 1,330 * Guidance for non-core assets held for sale, Akyem, CC&V, Porcupine, Éléonore, and Musselwhite, reflects sustaining and development capital for the first quarter of 2025 only. See the cautionary statement at the end of this release for further details. ** Sustaining capital is presented on an attributable basis; Capital guidance excludes amounts attributable to the Pueblo Viejo joint venture. Sustaining capital is expected to be approximately $1.8 billion in 2025 for the Total Tier 1 Portfolio to support key tailings management initiatives, water and infrastructure projects, equipment, and ongoing mine development. Development capital is expected to be approximately $1.3 billion in 2025 for the Total Tier 1 Portfolio, as the Company focuses on disciplined reinvestment in its most profitable near-term projects. 2025 guidance primarily includes spend for Tanami Expansion 2, the Cadia Panel Caves in Australia, and Ah
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.